Loknath Das, Author at Pinfaves

I do not lie: Dassault boss responds to Rahul Gandhi on Rafale

December 5, 2018 Loknath Dasboss, Dassault, Do, Gandhi, I, lie, Not, On, Rafale, Rahul, responds, to

The chief of Dassault Aviation, the French manufacturer contracted to deliver 36 fighter jets to the Indian Air Force, hit out at Rahul Gandhi for calling him a liar. “I don’t lie,” said Eric Trappier, the CEO of Dassault Aviation. “In my position as CEO, you don’t lie.” Trappier was responding to Gandhi’s accusation that he was lying about the Rafale deal to protect Prime Minister Narendra Modi. Trappier also spoke about the controversial decision to make of Anil Ambani’s Reliance Defence an offset partner and about the Congress’s claim…

Here’s why you should choose SIP over lump sum when investing in ELSS

December 4, 2018 Loknath Daschoose, ELSS, Here's, In, Investing, lump, Over, Should, Sip, sum, When, Why, You

Archit Gupta ELSS funds are an efficient instrument to save tax and build wealth at the same time. ELSS is an equity mutual fund which allocates most of your invested capital in stocks of companies across industries and sizes. These funds come with a lock-in period of three years. It means you cannot redeem your fund units for three years from the date of allotment. It is one of the investment avenues available under Section 80C of the Income Tax Act which qualifies for availing a tax exemption of up…

Social Media Roundup: Instagram Close Friends, YouTube Stories, Facebook Giving Tuesday Hits $125M

December 3, 2018 Loknath Das$125M, close, Facebook, friends, Giving, Hits, Instagram, Media, Roundup:, Social, Stories, Tuesday, YouTube

A man holding a smartphone showing the icons for several social media apps (Photo by S3studio/Getty Images) “Social Media Roundup” is a weekly roundup of news pertaining to all of your favorite websites and applications used for social networking. Published on Sundays, “Social Media Roundup” will help you stay up-to-date on all the important social media news you need to know. Facebook Expansion Of Local Section Facebook’s Today In featureFacebook This past week, Facebook announced the expansion of a new local section on Facebook called “Today In.” Facebook is also starting a…

Man Arrested For Allegedly Stalking Woman Journalist On Social Media

December 2, 2018 Loknath DasAllegedly, arrested, for, Journalist, Man, Media, On, Social, Stalking, woman

A man was arrested in Noida Tuesday for allegedly stalking a woman journalist on social media and threatening her of abduction, police said. The man, identified as Gulshan Kashyap, a resident of Gurgaon in Haryana, was arrested near the Sab Mall in Sector 27 after raids were conducted to find him, they said. “The man would stalk her on Facebook, Twitter, Instagram and keep sending her offensive messages and posting comments. When blocked, he would create a new profile and repeat troubling her,” Inspector Manoj Pant said. “Kashyap threatened to…

How technology is changing rural China

December 1, 2018 Loknath Daschanging, China, How, Is, Rural, Technology'

Alex Wong | Staff | Getty Images An Alibaba employee demonstrates ‘Smile to Pay’, an automatic payment system that authorize payment via facial recognition In a nation of nearly 1.4 billion, ensuring there’s efficient health care and education is a tall order for China. Especially in some of the more remoter parts of the country. At the East Tech West conference in Nansha, Guangzhou, this week, business leaders, investors and experts contemplated how the country can effectively “equalize” these services for the whole nation. Indeed, the number of internet users…

Your Home Is Not An Investment

November 30, 2018 Loknath Dasan, Home, investment, Is, Not, Your

New Orleans, USA – April 22, 2018: Old Dauphine street historic district in Louisiana famous town, city, purple painted house wall colorful entrance, building nobodyGetty We are incredibly lucky. We bought our first home in December 2012 for $163,500 and sold it in July of 2016 for $232,000. In 42 months, our home appreciated by $68,500, an increase of nearly 42% in three and a half years. Our home went up by nearly 12% annually, and despite this, our home was not a good “investment.” To be clear: I am…